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Reliance Infra share price and stock market tips - Stock witnessing strong resistance around 464 - updated for 23rd December 2015, Wednesday


RELIANCE INFRA

Stock finding strong trend line resistance around 464 as long as it holds below bears will be favored once it closes and holds above 464 then further bulls action can be seen in coming days.

Stock holding above 20 DMA as shown in above bollinger band this indicates bulls will be favored as long as it holds above 20 DMA.

Suggested reading - Reliance Industries is on the verge of bullish breakout if it closes and holds above 1015, click to see complete analysis.

Intraday Reliance Infra looks good if it holds above 464.
Will find resistance around 468, 472.

On 23rd December 2015, at 2:55 pm Reliance infra share price is trading around 454.50 up by +2.35 (0.45%).

Visit link below to see Nifty index charts.
http://www.niftychart.co.in/nifty-index-charts.html.
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.